NYSE:TECK

Teck Resources Stock Forecast, Price & News

$13.75

-0.57 (-3.98 %)

(As of 09/23/2020 12:00 AM ET)

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Today's Range

$13.69

Now: $13.75▼

$14.17

50-Day Range

$10.13

MA: $12.03▼

$15.41

52-Week Range

$5.60

Now: $13.75▼

$17.77

Volume5.67 million shs

Average Volume4.89 million shs

Market Capitalization$7.19 billion

P/E RatioN/A

Dividend Yield1.05%

Beta1.53

Teck Resources Limited researches, explores for, develops, and produces natural resources in the Asia Pacific, the Americas, and Europe. It operates through five segments: Steelmaking, Coal, Copper, Zinc, Energy, and Corporate. The company's principal products include steelmaking coal; copper concentrates and refined copper cathodes; refined zinc and zinc concentrates; energy products, such as bitumen; and lead concentrates. It also produces molybdenum, gold, silver, germanium, indium, mercury, and cadmium, as well as chemicals, industrial products, and fertilizers. In addition, the company holds interest in oil sands projects and other interests in the Athabasca region of Alberta; and owns interest in exploration and development projects in Australia, Chile, Ireland, Mexico, Peru, Turkey, and the United States. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. Teck Resources Limited was founded in 1906 and is headquartered in Vancouver, Canada.

Beat the Market (BTM) Rank^™

4.3 Analyst's Opinion

Consensus Rating
Teck Resources has received a consensus rating of Buy. The company's average rating score is 2.69, and is based on 11 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $20.00, Teck Resources has a forecasted upside of 45.5% from its current price of $13.75.
Amount of Analyst Coverage
Teck Resources has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
Teck Resources has received 700 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Teck Resources has received 764 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Teck Resources has received 52.19% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Teck Resources and other stocks. Vote “Outperform” if you believe TECK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TECK will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Teck Resources has a dividend yield of 1.05%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Teck Resources has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Teck Resources is 6.76%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Teck Resources will have a dividend payout ratio of 10.42% next year. This indicates that Teck Resources will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Teck Resources insiders have not sold or bought any company stock.
Percentage Held by Institutions
45.84% of the stock of Teck Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Teck Resources are expected to grow by 136.07% in the coming year, from $0.61 to $1.44 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Teck Resources is -10.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Teck Resources is -10.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Teck Resources has a PEG Ratio of 6.44. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Teck Resources has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.38 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Mining & quarrying of nonmetallic minerals, except fuels

Sub-IndustryN/A

SectorBasic Materials

Current SymbolNYSE:TECK

Previous Symbol

CUSIPN/A

CIK886986

Webwww.teck.com

Phone604-699-4000

Debt

Debt-to-Equity Ratio0.28

Current Ratio1.52

Quick Ratio0.64

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio22.54

P/E Growth6.44

Sales & Book Value

Annual Sales$8.99 billion

Price / Sales0.80

Cash Flow$4.77 per share

Price / Cash Flow2.88

Book Value$30.40 per share

Price / Book0.45

Profitability

EPS (Most Recent Fiscal Year)$2.22

Net Income$-455,930,000.00

Net Margins-10.04%

Return on Equity3.65%

Return on Assets2.06%

Miscellaneous

Employees10,100

Outstanding Shares523,262,000

Market Cap$7.19 billion

Next Earnings Date10/22/2020 (Estimated)

OptionableOptionable

$13.75

-0.57 (-3.98 %)

(As of 09/23/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Teck Resources (NYSE:TECK) Frequently Asked Questions

How has Teck Resources' stock been impacted by COVID-19?

Teck Resources' stock was trading at $8.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TECK stock has increased by 67.7% and is now trading at $13.75.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Teck Resources?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last year. There are currently 5 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Teck Resources.

When is Teck Resources' next earnings date?

Teck Resources is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for Teck Resources.

How were Teck Resources' earnings last quarter?

Teck Resources Ltd (NYSE:TECK) announced its quarterly earnings results on Thursday, July, 23rd. The basic materials company reported $0.17 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.03) by $0.20. The basic materials company had revenue of $1.72 billion for the quarter, compared to analysts' expectations of $1.73 billion. Teck Resources had a positive return on equity of 3.65% and a negative net margin of 10.04%. The business's revenue was down 45.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.81 EPS.
View Teck Resources' earnings history.

How often does Teck Resources pay dividends? What is the dividend yield for Teck Resources?

Teck Resources declared a quarterly dividend on Tuesday, August 25th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.037 per share on Wednesday, September 30th. This represents a $0.15 annualized dividend and a dividend yield of 1.08%. The ex-dividend date is Monday, September 14th. This is a positive change from Teck Resources's previous quarterly dividend of $0.04.
View Teck Resources' dividend history.

What price target have analysts set for TECK?

16 Wall Street analysts have issued 12 month price targets for Teck Resources' stock. Their forecasts range from $8.50 to $35.00. On average, they anticipate Teck Resources' stock price to reach $20.00 in the next year. This suggests a possible upside of 45.5% from the stock's current price.
View analysts' price targets for Teck Resources.

Who are some of Teck Resources' key competitors?

Some companies that are related to Teck Resources include Vulcan Materials (VMC), Martin Marietta Materials (MLM), Sociedad Quimica y Minera de Chile (SQM), Mdu Resources Group (MDU), Hecla Mining (HL), Compass Minerals International (CMP), Summit Materials (SUM), LYNAS CORP LTD/S (LYSDY), United States Lime & Minerals (USLM), GalianoGoldInc . (GAU), Ciner Resources (CINR), U.S. Silica (SLCA), Gold Standard Ventures (GSV), Intrepid Potash (IPI) and Centrus Energy (LEU).
View all competitors.

What other stocks do shareholders of Teck Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Teck Resources investors own include Teck Resources (TECK.B), Bank of America (BAC), Intelsat (I), Micron Technology (MU), Freeport-McMoRan (FCX), AMC Entertainment (AMC), Fossil Group (FOSL), Ciena (CIEN), Tesla (TSLA) and Zynga (ZNGA).

Who are Teck Resources' key executives?

Teck Resources' management team includes the following people:

Mr. Donald R. Lindsay B.Sc. Honours, M.B.A, Pres, CEO & Director (Age 60)
Mr. Ronald A. Millos CA, Sr. VP of Fin. & CFO (Age 62)
Mr. Peter C. Rozee, Sr. VP of Commercial & Legal Affairs
Mr. Andrew J. Golding, Sr. VP of Corp. Devel.
Ms. Marcia M. Smith, Sr. VP of Sustainability & External Affairs

What is Teck Resources' stock symbol?

Teck Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TECK."

Who are Teck Resources' major shareholders?

Teck Resources' stock is owned by a variety of retail and institutional investors. Top institutional investors include Letko Brosseau & Associates Inc. (3.02%), Vanguard Group Inc. (2.60%), TD Asset Management Inc. (0.88%), Bank of Nova Scotia (0.78%), CIBC Asset Management Inc (0.63%) and Impala Asset Management LLC (0.55%).

Which major investors are selling Teck Resources stock?

TECK stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Alberta Investment Management Corp, CIBC Asset Management Inc, Impala Asset Management LLC, Great West Life Assurance Co. Can, Vanguard Group Inc., FIL Ltd, and Letko Brosseau & Associates Inc..

Which major investors are buying Teck Resources stock?

TECK stock was acquired by a variety of institutional investors in the last quarter, including QV Investors Inc., Bank of America Corp DE, PM CAPITAL Ltd, Toronto Dominion Bank, Point72 Asset Management L.P., FMR LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, and Two Sigma Advisers LP.

How do I buy shares of Teck Resources?

Shares of TECK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Teck Resources' stock price today?

One share of TECK stock can currently be purchased for approximately $13.75.

How big of a company is Teck Resources?

Teck Resources has a market capitalization of $7.19 billion and generates $8.99 billion in revenue each year. The basic materials company earns $-455,930,000.00 in net income (profit) each year or $2.22 on an earnings per share basis. Teck Resources employs 10,100 workers across the globe.

What is Teck Resources' official website?

The official website for Teck Resources is www.teck.com.

How can I contact Teck Resources?

Teck Resources' mailing address is 550 BURRARD ST SUITE 3300 BENTALL 5, VANCOUVER A1, V6C 0B3. The basic materials company can be reached via phone at 604-699-4000 or via email at [email protected]

This page was last updated on 9/23/2020 by MarketBeat.com Staff

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